Filing Details

Accession Number:
0001209191-19-014593
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-02-28 17:11:20
Reporting Period:
2019-02-26
Accepted Time:
2019-02-28 17:11:20
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1082324 Virnetx Holding Corp VHC Patent Owners & Lessors (6794) 770390628
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1404771 Kendall Larsen C/O 308 Dorla Court
Zephyr Cove NV 89448
President & Ceo Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2019-02-26 75,000 $1.15 6,404,710 No 4 M Direct
Common Stock Disposition 2019-02-26 75,000 $5.44 6,329,710 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (Right to Buy) Disposition 2019-02-26 75,000 $0.00 75,000 $1.15
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
60,425 2019-04-02 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 523,119 Indirect By: Spouse
Common Stock 613,530 Indirect By: The Kathleen Sheehan Revocable Trust dtd 2/5/2009
Common Stock 300,000 Indirect By: The K2 Investment Fund LLC
Footnotes
  1. The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
  2. Sale prices ranged from $5.30 to $5.67 per share. Sale price listed represents the weighted average sale price of all 75,000 shares sold. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the shares sold at each separate price.
  3. The shares subject to the option are fully vested and exercisable.